I will be taking over this blog to issue a series of headscratchers about the FSA’s proposed use of Assets Under Adminstration as a means of determining how much a SIPP operator should hold in reserve in case they need to wind-down their SIPP (not a common event).

These headscratchers are taken from the AMPS response to the FSA’s proposals which I put together with help from many people, but I am posting them on my personal blog here as it is the easiest way for me to release them and see which are of most interest to people.